Golub Capital BDC (NASDAQ:GBDC) Getting Somewhat Positive Press Coverage, Report Finds
Press coverage about Golub Capital BDC (NASDAQ:GBDC) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Golub Capital BDC earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 46.0841468261175 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
GBDC has been the subject of several research reports. ValuEngine raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating in a research note on Saturday, December 9th. BidaskClub downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Zacks Investment Research downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. Finally, National Securities raised shares of Golub Capital BDC from a “neutral” rating to a “buy” rating and increased their price objective for the company from $19.00 to $21.00 in a research note on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $20.38.
Shares of Golub Capital BDC (NASDAQ GBDC) traded down $0.12 during midday trading on Wednesday, reaching $18.06. 148,010 shares of the company’s stock traded hands, compared to its average volume of 319,844. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.46 and a current ratio of 3.46. Golub Capital BDC has a 1 year low of $17.35 and a 1 year high of $20.50. The firm has a market cap of $1,080.00, a PE ratio of 12.37, a P/E/G ratio of 1.42 and a beta of 0.64.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 8th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 7.09%. The ex-dividend date is Wednesday, March 7th. Golub Capital BDC’s dividend payout ratio (DPR) is currently 87.67%.
In other news, Director William M. Iv Webster acquired 1,634 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $17.96 per share, for a total transaction of $29,346.64. Following the completion of the transaction, the director now directly owns 138,148 shares in the company, valued at approximately $2,481,138.08. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William M. Iv Webster acquired 15,468 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were purchased at an average price of $18.09 per share, with a total value of $279,816.12. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 37,102 shares of company stock valued at $671,163. Corporate insiders own 10.70% of the company’s stock.
About Golub Capital BDC
Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.
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